Definition, Meaning & Synonyms
flagship-fund
noun
/ˈflæɡ.ʃɪp fʌnd/
Definition
A flagship fund is a primary or prominent investment fund managed by a financial institution, known for its significant assets and performance.
Examples
- The mutual fund company launched a new flagship fund this year that aims to attract high-net-worth investors.
- Many investors consider the flagship fund of a firm as an indicator of its overall success in the market.
- As the flagship fund, it is expected to outperform other funds in the same investment category.
Meaning
The term ‘flagship fund’ refers to the most important or leading investment fund within a financial firm’s portfolio, often representing the firm’s best offerings or strategy.
Synonyms
- lead fund
- core fund
- principal fund